Our short position has been stopped out on JPM now. Looking for a pullback to go long on it possibly soon. Looks like the white knight of wall street is to the rescue to the rest of the out of money financials. invest2success.blogspo...
Update on our short position on JP Morgan in which our short was implemented before the SEC implemented the no naked short rule yesterday. We almost got stopped out on our tight stop-loss last week. We are still holding short looking for lower 30's to buy in. The carnage in the financials is not over yet. Someday we see it ending, but not just yet.
JPMorgan: Why I'm Selling Short [View article]
JPMorgan: Why I'm Selling Short [View article]
invest2success.blogspo...